One important benefit of minimal living is the simple reality that it costs less. As you accumulate fewer things, you spend less money. Additionally, it costs much less to store them, maintain them, repair them, clean them, and even discard them. And as your affection for physical possessions begins to fade, you’ll find far more opportunity to use your finances in other ways.
Many people believe the secret to financial freedom is earning more money. Unfortunately, when we begin to make more money without spending restraints in place, we just spend more money… this truth has proven true over and over again (maybe even in your own life). Conversely, the reverse is probably more true: the secret to financial freedom is actually spending less. It’s the simplest solution to (almost) all your money problems.
Live a life that accumulates only the essential often results in the financial freedom you’ve been searching for.
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Hi! Just found your blog today and I’m loving the idea of minimalism. I used to think that I would miss all my material items, but recently I’ve been selling a lot of my things (I’m a horrible hoarder; I can never throw things away!) and I haven’t noticed the difference at all as I barely used them. In fact I’m loving all the extra space! I am definitely going to try and minimize the amount of possessions I have and I will be keeping up with your blog, Thanks!
Amusingly enough, frugality is in essence how I ended up minimalist. My last year of college I was looking for ways to save money after graduation, and ran into, if memory serves, Leo’s website mnmlist. Started reading, eventually found you and Tammy Strobel and Joshua Millburn, and the more I read the more I liked it and felt in tune with the whole thing. Didn’t actually take any steps towards becoming minimalist until roughly a year after graduation (around the beginning of this month) but now the more I do, the more I like it.
In the 1970s, Ernest Callenbach wrote a book called “Living Poor with Style.”
It made a difference in my life and I enjoy checking your website for talk on living with and for less stuff.
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